With rare exception EVs have been big money-losers for the auto industry. But there are a few exceptions, starting with Tesla. Now, Stellantis CEO Carlos Tavares says his companies electrified vehicles also are “in the black.” Speaking at an industry conference, Tavares warned that automakers who can’t improve margins could be forced out of business by the end of the decade.
Just after revealing its electric vehicles are profitable, Stellantis continues to do things a little differently. The company just inked a deal with a company called Ample to use its battery swapping technology for the automaker’s Free2Move fleet of Fiat 500e EVs in Europe. Find out more at Headlight.News.
Consumers have been concerned about the affordability of vehicles for some time now. Rising prices for new vehicles combined with a constant stream of interest rate hikes have made buying a new vehicle a more expensive proposition until recently. Find out what’s changed at Headlight.News.
As the 2023 calendar year winds down, Stellantis beginning to thin the heard of models cluttering its various corporate showrooms. That said, the departures will surprise exactly no one as the company’s American lineup becomes a little less Italian. Details at Headlight.News.
Even as it prepares to launch its first long-range EV for the U.S. market, Honda said it will introduce an all-new “series” of global battery-electric vehicles during next month’s Consumer Electronics Show in Las Vegas. The even will mark the launch of the first models developed internally by Honda, rather than as part of a partnership with General Motors.
Mercedes-Benz' move to kill a couple of its popular coupes didn't resonate with many fans of the segment, but the German automaker's got something they can look forward to now. No doubt Mercedes-Benz coupe fans were disappointed upon hearing the news that...
A Florida man was arrested after taunting authorities “to stop me” before making a threat to commit what is being described as a “mass casualty” event during the roll-out of the new Tesla Cybertruck last week. More from Headlight.News.
GM Chair and CEO Mary Barra told reporters Monday evening the company remains focused on its coming array of EVs, and that hybrids are not on the agenda — for the U.S. anyway. She also dispelled any notion of a looming retirement. Find out what else she said at Headlight.News.
Hoping to gain more traction — and make it simpler for customers to choose the right version — for its all-electric Air sedan, EV startup Lucid lowered the price on its two lowest trim models. Its also ended the run for its original Air Dream packages. The California-based automaker also added a range of new options available across the lineup. More from Headlight.News.
Fiat hopes to charge itself up as it begins the transition to an all-electric brand. It’s pulling the covers off an all-electric version of the iconic Cinquecento, better known to Americans as the 500. The first edition headed to the U.S. will be the 2024 Fiat 500e RED edition. Here’s what we know about it at Headlight.News
While there are no final specs, we’re betting you’ll hit 60 before you can pronounce the name of this exotic new hypercar, the Genesis X Gran Berlinetta Vision Gran Turismo Concept. We know you want it. And you may even get to drive it. If you play the Gran Turismo video game, anyway. It made its debut at the Gran Turismo World Series World Finals in Barcelona, Spain over the weekend and will be available to anyone playing the game come January. Headlight.News checks out the virtual exotic.
Headlight News for the Week of 12-4-23 talks about the first deliveries of the Tesla Cybertruck, the UAW targets imports, and EV reliability issues. We also review the Kia Sorento plug-in hybrid, preview this week’s stories and check out this week in automotive history. Check it all out at Headlight.News.